The debriefing meeting is just a warm-up match for this annual executive gathering.

the next day.

While all the heads of subsidiaries were present, rotating president Lu Qi presided over the last joint president meeting of 2012, which mainly discussed next year's budget expenditure.

Once it's on, it lasts all day.

In addition, the audit center, inspection department, talent center, technology center, financial center and other major functional departments of the group headquarters also held special meetings.

Reported on the year-end major audit, major inspection and other related situations.

Because it was an important meeting at the end of the year, not only the heads of each subsidiary were present, but also vice presidents, heads of finance, human resources, technology and other business lines.

It can be said to be a luxurious lineup.

Tan Yunsong, chief scientist of the Fertile Land Research Institute, presided over a special group R&D meeting to discuss the R&D topics of each subsidiary and the allocation of R&D funds next year.

The entire meeting lasted for four days.

In the middle of the process, Zhang Shuo, as the chairman and CEO of Sprout Group, will also find the heads of each subsidiary in the office to talk alone for more in-depth and candid communication.

After all, some things are not suitable to be said in public.

Through the above meetings, basically, we conducted a serious review of the work of Germination in 2012 from top to bottom, and also clarified the development plan for next year.

Wait until Friday.

After the heads of each subsidiary waited for their teams to leave, Zhang Shuo summoned the rotating president Lu Qi, vice president Lu Kai, executive president Jiang Yue, and senior vice president Gu Mingzhang for a meeting.

The meeting had the fewest participants, but it was the highest-level internal meeting.

The discussions were all about group matters.

As soon as the meeting began, Zhang Shuo announced a decision, "Next year, I plan to step down from my concurrent position as chairman of Qingcheng Group and nominate Mr. Lu to take over as chairman of Qingcheng Group."

This idea came up half a year ago, but has never been implemented.

Now it's finally time to take off the burden.

From now on, Zhang Shuo will no longer hold any concurrent positions in the group's subsidiaries. He will also focus more on thinking about the group's future strategy and gradually get rid of the management of specific affairs.

Another step forward.

"Thank you, Chairman, for your trust!" Lu Qi nodded slightly.

"Next let's talk about this year's year-end bonus standards. Let me set a general tone first. The benchmark for the year-end bonus for level m10 is five million, which will fluctuate by 50% based on performance appraisal."

"Other ranks refer to the M10 standard and change in a ladder."

As a boss, Zhang Shuo is as generous as ever in terms of year-end bonuses. Executives like Jiang Yue have achieved financial freedom in just a few years.

Even Zhang Shuo's earliest secretary, Chen Xiaowan, now the director of the President's Office, bought a house in Binhai City.

A sure winner in life!

Senior brother Wang Yan has also paid off Zhang Shuo's arrears of 5 million, which is very heroic!

It’s Zheng Zhebin.

It is said that he was inspired by Xu Jia and planned to buy a house in Yangcheng and settle down.

"Chairman, are the standards of all subsidiaries the same?" Lu Qi asked, obviously having different ideas and speaking implicitly.

"It can be different."

Zhang Shuo does not believe in egalitarianism. "The group headquarters can set a lower limit standard to cover the year-end bonuses of all budding employees, but it does not set an upper limit for rewards."

"Each subsidiary can flexibly set the upper limit of year-end bonus based on this year's performance."

Subsidiaries such as Jade Bird Interactive Entertainment, Maili Group, and Qinghe Technology that have achieved profits, or even substantial profits, deserve more generous returns for their employees.

For those like Qingyun Data, Pinxixi Group, Mango Auto, etc. that are still losing money, the rewards will naturally be smaller. If you want a higher year-end bonus, just work hard to achieve profitability.

That's fair.

Afterwards, the meeting discussed the rotation of middle management in the Germination Department.

As the budding system grows bigger and bigger, it is like a towering tree, constantly spreading its branches and leaves. There are as many as twelve first-level subsidiaries (including group subsidiaries).

Not to mention secondary subsidiaries, regional (provincial) branches, offices and other overseas agencies.

I'm afraid even Zhang Shuo can't count them.

In addition, many subsidiary headquarters have moved outside Binhai City, and it is easy for various small interest groups and cliques to form, with the sky high and the emperor far away, to engage in small actions.

It is undoubtedly a very pragmatic decision to rotate and transfer some middle-level managers to other places at the right time.

It cannot be said that it can cure all diseases, but at least it can break through some small circles.

Be on guard against the slightest change!

The person in charge of this rotation is Jiang Yue, the group's executive vice president in charge of administration. He specifically explained the matter: "This rotation of middle management positions adheres to two major principles."

"The first is to take care of both functional departments and R&D departments in rotation."

"The difference is that the functional departments will carry out a major rotation throughout the system, while the R&D department will distinguish between the Internet business and the manufacturing business and respect their respective professionalisms."

"The second is to pay equal attention to rotation and assessment."

"Job rotation is not only a system guarantee, but also a major assessment of middle management to discover those outstanding talents who are qualified to work in different companies and different departments."

There is no doubt that these compound talents are the targets of key training and promotion.

therefore.

During this round of rotation, technical positions will also be transferred to management positions.

The specific implementation is complex.

Fortunately, Zhang Shuo does not need to worry about this matter personally. Jiang Yue and other senior executives can take care of it.

The end of the meeting.

Rotating president Lu Qi raised a question: "Chairman, will the group pay dividends to shareholders this year?"

"Dividends? Did Germination make a profit today?" Zhang Shuo asked.

"Well…"

Lu Qi couldn't figure out the big boss's thoughts at once, and said thoughtfully: "If you look at it from the books alone, the increase in cash flow is far less than the increase in liabilities, so it shouldn't be considered a profit, right?"

When he took the initiative to bring this up, he was actually considering Zhang Shuo's interests.

I really want to pay dividends.

As the largest individual shareholder of Sprout Group, Zhang Shuo is naturally the one who benefits the most.

Dividends will be distributed once a year. If this operation continues, no matter what the fate of the Germination Group is in the future, at least Zhang Shuo's personal wealth will steadily increase and he will make a profit without losing money.

This is also a common tactic used by many founders.

There's no shame in cashing out!

Of course Zhang Shuo was not included in this list, because every time Mo Yao made a performance, the system had actually given him a dividend. He couldn't be too greedy and said with a smile: "Since there is no profit, there is no need to talk about any dividends."

"Then, what should I explain to the Dream Fund?"

Lu Qi took the initiative to propose dividends because he considered that this year was different from last year. The Dream Fund came from behind the scenes to the front, and Olivia also joined the Germination Board of Directors.

It must be something you want, right?

"Don't worry, Dream Fund is doing long-term investment. It doesn't matter whether it pays dividends or not in the first few years." No one knows the details of Dream Fund better than Zhang Shuo.

Whether to pay dividends or not is not a matter of his words.

"That's okay."

The big boss has said so, so Lu Qi naturally has no objection.

………

After the group meeting, December came to an end.

It’s 2013 in the blink of an eye.

At the beginning of the new year, the first thing that bears the brunt is the three-day New Year's Day holiday.

Although it was in exchange for taking time off...

During the New Year's Day holiday, Zhang Shuo still couldn't rest. On New Year's Day, he went to Xingguang Welfare Home and played with the children for a day. The next day, he went to visit Mr. Tang.

My second uncle is here too.

"Sprouting has been developing very rapidly recently. I heard that it has become one of the top 100 in the world?"

"That's all made up by the media." Zhang Shuo scratched his head.

As the new year is approaching, some domestic and foreign media, especially financial ones, are keen to pry into the privacy of various star companies and reveal some shocking news.

Germination is naturally the first to bear the brunt.

Although the Sprout Group is not listed and does not need to disclose its financial situation to the outside world, there are also reporters with great savvy who obtained the revenue data of the Sprout Group through informants.

Even if it's not quite accurate, it's pretty much the same.
To be continued...